Total Cases 25,937,115 from 25,816,099
Deaths 433,751 from 432,175
New Tests 1,610,238 from 1,661,492
New Cases 119,747 from 118,211 with positivity rate of 7.4% (up 0.3)
Daily Deaths 1,562
Current Hospitalizations 93,536 from 95,013
IPOs Priced or News: Dating APP Bumble sets pricing for IPO. (Bloomberg)
Secondaries Priced: EYPT of note.
Notes Priced of note: None of note.
Common Stock filings: ARQT IV EYPT RVMD CURI of note.
Selling Shareholders of note: NBEV of note.
Mixed Shelf Offerings: BDTX of note.
Convertible Offering Files: None of note.
Summary From The Trade Exchange bringing traders and investors real time news and Squawk Box.
Earnings Out After The Close Of Note:
Flat: ARE +0.00
Misses: NXPI (1.04), RMBS (0.36), VRTX (0.08), WWD (0.05)
News After The Close:
Raises Guidance: NXPI FN WTTR CBT PFE
Lowers Guidance: VRTX
Stock Buyback New Or Increase: CLBK NRIM CHDN PFIS LPG
Insider Buys: MTEM VYNE TXN CCI
Hourly Action – Updated 1/29 close. Indexes struggled 2:00 onward last week.
What’s Happening This Morning: Futures value reflects the change with fair value. We will still indicate the fair value direction. Quick comment -Futures are very strong this morning reversing a portion of Friday’s losses.
S&P 500 +32 Dow Jones Industrial Average +254 NASDAQ +113 Russell 2000 +21. Fair values are lower. Asia and Europe higher. VIX is at 28.98 from 31.08 this morning in futures. VIX closed at 30.24 from 33.09 and the three month futures at 32.53 from 33.88.
Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $136.89 from $137.13 with the yield at 1.13% from 1.077%.
Positive Sectors On Monday: All of note led by Technology, Consumer Cyclical and Materials .
Negative Sectors On Monday: None of note.
One Month Winners: Energy, Financials Real Estate and Industrials of note.
Three Month Winners: Industrials, Communication Services, Utilities and Financials of note.
Six Month Winners: Consumer Cyclical, Industrials, Technology and Materials of note.
Twelve Month Winners: Technology, Consumer Cyclical, Communication Services and Healthcare of note.
Year to Date: Energy, Materials, Healthcare and Financials of note.
Upcoming Earnings Of: (sorted by market cap, highest to lowest with most visible names)
Today After the Close: AMZN, GOOG, AMGN, CB, EA, CMG, MTCH, AMCR, PKI, STE, FBHS, ATO, GL, DOX, MANH, BRKS of note.
Wednesday Before the Open: ABBV, SPOT, HUM, BSX, EPD, BIIB, APTV, BIP, APO, CNHI, CHKP, AVY, DT, SMG of note.
Earnings This Morning Of Note:
Beats: BABA +1.09, ATKR +0.68, HCA +0.54, UPS +0.52, MCK +0.48, MDC +0.47, MPC +0.46, ABG +0.30, HLNE +0.30, TECH +0.25, LII +0.25, IDXX +0.24, MAN +0.18, HAE +0.16, EMR +0.15, PINC +0.11, LITE +0.08, CTLT +0.07, ST +0.07, COP +0.06, ENTG +0.05, ARCB +0.05, ETN +0.04, BR +0.03, PBI +0.03, ATHM +0.02, AQUA +0.02, GPK +0.01, RACE +0.01, BP +0.01, XOM +0.01
Flat: MPLX +0.00
Misses: HOG (0.66), SIRI (0.17), PFE (0.04), WDR (0.03), HUBB (0.01)
Still to Report: ALGM, BEN, IMO, MHO, MMP, SYY
Erlanger Research Advance/Decline Chart – Updated 2/1 Close.
Gap Ups & Down In Early Pre-Market:
TLSA +48%, GSM +28%, PRTA +27%, ACAC +18%, SPCE +11%, VRNA +11%, TTI +9%, LPG +9%, AI 8%, WTTR +7%, PME +7%, HAE +4%
FMS -11%, HOG -8%, CRUS -6%, MITK -5%, ARQT -5%, BP -4%
Rags & Mags: Highlighted Stories may be clicked through to the original story.
5 Things To Know Before The Open – (CNBC)
Republicans had a cordial meeting with President Biden but little progress. (The Washington Post)
Stock Index Trading:
Current through 2/1 close. Overall confidence moves from 33% to 60%.
Bold means a change from prior day.
Reserve Bank of Australia (RBA) rate decision was out last night.
The President and The Vice President receive the President’s Daily Brief, Oval Office, 9:45 a.m. EST
Press Briefing by Press Secretary Jen Psaki, 1:30 p.m. EST
The President signs executive orders advancing his priority to modernize our immigration system; The Vice President also attends, Oval Office, 5:00 p.m. EST
Federal Reserve New York President John Williams speaks at 1:00 p.m. EST.
Federal Reserve Cleveland President Loretta Mester speaks at 2:00 p.m. EST.
Redbook Sales are due out at 8:45 a.m. EST.
Weekly API Petroleum Data is due out at 4:30 p.m. EST.
Investor, Sellside and Industry Meetings
EGAN (Webinar) PRTA (Investor Call) TTI SCHW (Update)
Industry Conferences: Annual LSX World Congress (2/1-2/5) Semicon Korea (2/2-2/5)
Upgrades & Downgrades of Note This Morning: Note that downgrades increased in January.